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BlackRock CEO: Bitcoin is an asset class in itself and is discussing Bitcoin allocation with global institutions
2024-10-14 23:59
Odaily News Bloomberg ETF analyst Eric Balchunas shared the full quote on Bitcoin/digital assets from BlackRock CEO Larry Fink during the third quarter earnings call on X. Fink said that Bitcoin assets are an asset class in their own right, that they are discussing allocations with global institutions, and that these assets remind him of the early days of the mortgage market (currently worth $11 trillion).
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